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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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CEDAR COURT CARE LTD. |
REGISTERED NUMBER:
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FINANCIAL STATEMENTS |
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FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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FOR |
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CEDAR COURT CARE LTD. |
CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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Page |
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Company Information | 1 |
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Statement of Financial Position | 2 |
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Notes to the Financial Statements | 4 |
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CEDAR COURT CARE LTD. |
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COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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DIRECTORS: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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109 Coleman Road |
Leicester |
LE5 4LE |
CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699) |
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STATEMENT OF FINANCIAL POSITION |
31ST DECEMBER 2019 |
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31/12/19 | 31/12/18 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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CURRENT ASSETS |
Debtors | 6 |
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Cash at bank and in hand |
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CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR |
7 |
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( |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR |
8 |
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PROVISIONS FOR LIABILITIES | ( |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 10 |
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Revaluation reserve | 11 |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
(a) | ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company. |
CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699) |
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STATEMENT OF FINANCIAL POSITION - continued |
31ST DECEMBER 2019 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors and authorised for issue on
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CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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1. | STATUTORY INFORMATION |
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Cedar Court Care Ltd. is a
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The presentation currency of the financial statements is the Pound Sterling (£). |
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2. | ACCOUNTING POLICIES |
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BASIS OF PREPARING THE FINANCIAL STATEMENTS |
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TURNOVER |
The turnover shown in the profit and loss account represents amounts invoiced during the year. |
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GOODWILL |
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INTANGIBLE ASSETS |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
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TANGIBLE FIXED ASSETS |
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Freehold property | - |
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Fixtures and fittings | - |
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Motor vehicles | - |
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Office equipment | - |
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TAXATION |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
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Current or deferred taxation assets and liabilities are not discounted. |
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Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
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DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
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Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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2. | ACCOUNTING POLICIES - continued |
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PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1st January 2019 |
and 31st December 2019 |
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AMORTISATION |
At 1st January 2019 |
and 31st December 2019 |
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NET BOOK VALUE |
At 31st December 2019 |
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At 31st December 2018 |
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5. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | and | Motor | Office |
property | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST OR VALUATION |
At 1st January 2019 |
and 31st December 2019 |
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DEPRECIATION |
At 1st January 2019 |
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Charge for year |
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At 31st December 2019 |
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NET BOOK VALUE |
At 31st December 2019 |
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At 31st December 2018 |
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CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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5. | TANGIBLE FIXED ASSETS - continued |
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Cost or valuation at 31st December 2019 is represented by: |
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Fixtures |
Freehold | and | Motor | Office |
property | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
Valuation in 2016 | 328,561 | - | - | - | 328,561 |
Valuation in 2017 | 50,000 | - | - | - | 50,000 |
Cost | 1,071,439 | 387,961 | 5,000 | 1,292 | 1,465,692 |
1,450,000 | 387,961 | 5,000 | 1,292 | 1,844,253 |
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If freehold property had not been revalued it would have been included at the following historical cost: |
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31/12/19 | 31/12/18 |
£ | £ |
Cost | 1,071,439 | 1,071,439 |
Aggregate depreciation | 64,288 | 48,216 |
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6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/19 | 31/12/18 |
£ | £ |
Trade debtors |
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Other debtors |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/19 | 31/12/18 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
31/12/19 | 31/12/18 |
£ | £ |
Bank loans |
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Other creditors |
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CEDAR COURT CARE LTD. (REGISTERED NUMBER: 05276699) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2019 |
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9. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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31/12/19 | 31/12/18 |
£ | £ |
Bank loans |
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The debt is secured against 37 New Road, Whittlesey, Peterborough, Cambridgeshire, PE7 1SU and over all assets of the company. |
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10. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31/12/19 | 31/12/18 |
value: | £ | £ |
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Ordinary | £1 | 2 | 2 |
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11. | RESERVES |
Revaluation |
reserve |
£ |
At 1st January 2019 |
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Freehold property revaluation | (7,571 | ) |
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At 31st December 2019 |
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12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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At the year end the company owed the director £463,787 (2018: £508,443). |
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The loan is interest free and there is no fixed date for repayment. |